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    Economics / government spending, Obama, Republicans, tax policy /

    Obama-itis

    February 9, 2015

    I have a friend who is incapable of saying anything against Obama. It is truly astonishing. He loves Obama’s budget proposals. I hate them. Right now the media is awash with breathless articles arguing that Obama has a great opportunity to ‘do a deal’ with the Republicans. After all he is now ‘concerned with his […]

    Economics / austerity, economic theory, Greece, plutocracy /

    Rats! History Does Repeat Itself

    February 9, 2015

    And clearly economists don’t learn from it. Ponder this: “It was all very well for the rich, who could raise all the credit they needed, to clamp rigid deflation and monetary orthodoxy on the economy … it was the little man who suffered, and demanded easy credit and financial unorthodoxy.” That’s the voice of E. […]

    Economics, Politics / Jeb Bush, middle class, Obama, plutocracy, Republicans, tax policy /

    2016 Here We Come – Or Is It 1980?

    February 4, 2015

    Here we go. The early speeches are being made. The media is getting breathless. Serious people everywhere are practicing their serious positions. The next presidential race is underway. How many times will we be told that America has to face its ‘fiscal challenge’? By which, naturally, serious people always mean that we have to cut […]

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